Corvil, a provider of latency management systems for high performance trading and market data, Monday announced that Americas Trading Group (ATG) is using Corvil's latency management system to monitor the performance of its Latin American ultra-low latency execution platform which delivers seamless access to all major Latin America markets.
Baker Hughes announced Friday the opening of a new research and technology center in Rio de Janeiro designed to enable the development of technologies and solutions to unlock the full potential of deep water and pre-salt reservoirs.
Andy O'Donnell, president of the Western Hemisphere for Baker Hughes said; "Baker Hughes' new research facility on the CENPES (Centro de Pesquisas Leopoldo Americo Miguez de Mello) campus will open up a new level of collaboration with customers and Latin American universities.”
The Renault-Nissan Alliance announced new investments this week of at least 3.1 billion Brazilian reais (US$1.8 billion or euro1.3 billion) to expand manufacturing and sales throughout Brazil, one of the fastest growing economies in the world.
Actavis Group CEO Claudio Albrecht Wednesday announced a major sales expansion into Latin America, among the world's fastest-growing markets for generic drugs.
Albrecht outlined the company's growth strategy at a meeting in South Florida with Actavis' new Latin American business unit. The Latin America team, based in Sunrise, Florida, will target Brazil, Argentina, Colombia, Mexico, Venezuela and other key markets in the region.
British Telecommunications Plc (BT) announced a series of investments aimed at doubling its business in key Latin American countries over the next three years.
By recruiting 250 new staff, increasing its professional services capabilities, opening new centers of excellence and implementing a wide range of network and customer service improvements, BT will better support global customers investing in this region and help large Latin American companies expand globally.
President Dilma Rousseff met the President of the European Council, Herman Van Rompuy, and the President of the European Commission, José Manuel Durão Barroso, during the Fifth Brazil-European Union Summit, held today (4 October 2011) in Brussels. They exchanged views on the international economic situation and on the state of their respective economies.
President Dilma Rousseff opened this week in Brussels the Europalia Festival. The largest cultural event in Europe, Europalia will celebrate the Brazilian culture in Belgium and four other countries from October 2011 to January 2012.
The Brazilian Internet groups Bolsa de Mulher, a multi-platform digital media company for women belonging to Ideiasnet, and e-Midia, the company that holds the properties Vila Mulher, Cyber Cook and Cyber Diet, trend-setters in vertical markets, are to merge their operations.
As a result, the merger, negotiated for four months and announced for October, will position GrupoMulher.com as one of the giants in the sector. This merger constitutes yet another major step towards consolidation for Brazil's online industry.
Agfa HealthCare, a leading provider of diagnostic imaging and healthcare IT solutions, announces today that it has reached an agreement to acquire all the shares of WPD, one of the leading healthcare IT companies in Brazil. The transaction price will not be disclosed.
Specialized logistics company Conceptum Sport Logistics is to set up offices in Rio de Janeiro in a bid to expand its reach. Brazil will not only host the 2014 World Cup, but the 2016 Olympic Games will also be staged around Rio's Sugarloaf Mountain.
Operating in immediate proximity to the venues, the company supports athletes in the safe and timely transportation of the sporting equipment. The company will support all sports associations and National Olympic Committees in South America.
KICTeam announced the opening of KICTeam Brasil, which will supply disposables that reduce the maintenance cost of point of sale terminals and other equipment in all industries throughout the country. The new Brasilian office will offer localized support and logistics with a conveniently situated warehouse facility located in Sao Paulo to better service customers on a more comprehensive scale.
The Brasil investment is to supply local partners with patented Waffletechnology and specialized transaction equipment cleaning products.
Thales, a global technology leader for the Aerospace and Space, Defence, Security and Transportation markets, has acquired 100% of the capital of Omnisys, a Brazilian company headquartered in São Bernardo do Campo, near São Paulo.
Codexis, Inc. and Raizen Energia S.A. Tuesday announced the signing of a joint development agreement to develop an improved first generation ethanol process with enhanced performance economics. Raizen is Brazil's largest sugar and ethanol producer.
Under the terms of the agreement, Raizen and Codexis will deploy the Codexis CodeEvolver™ directed evolution technology platform to improve Raizen's current process for producing ethanol made from sugar. Raizen produced 600 million gallons of ethanol in 2010.
Investment under the Growth Acceleration Plan (PAC) will reach 19.5% of Brazil’s Gross Domestic Product (GDP) this year, up on the 15.3% invested in 2003. The expectation, according to the Ministry of Planning, is that investment will continue to climb, reaching around 25% of GDP in 2014.
Sustainable development of the Amazon – on economic, social and environmental pillars – will be one of the points discussed at the United Nations Conference on Sustainable Development, Rio+20, that Brazil will host in June 2012. To set the priorities for the region on the path to a green economy, a group of organizations from civil society, representatives of governments, traditional peoples, businesspeople and social movements will meet this week in Belém, the state capital of Pará.
NEOS GeoSolutions, Inc. Tuesday announced that it has opened an office in Rio de Janeiro, Brazil to handle the country's rapidly increasing demand for advanced geoscience technologies and services.
Covering an area about half the size of Europe, Brazil's onshore basins are relatively underexplored, having been overshadowed by the huge oil & gas discoveries that have been made offshore in the Campos and Santos basins.
The Ministers of Foreign Affairs of IBSA (India, Brazil and South Africa) met in New York on the margins of the 66th Session of the United Nations General Assembly. This year, the three IBSA countries are serving concurrently as non-permanent members in the UN Security Council.
Interpublic Monday announced it has acquired majority control of S2Publicom, ranked among the top five public relations firms in Brazil. The operation will represent an important part of Weber Shandwick and Golin Harris growth plans in the region. Terms of the deal were not disclosed.
S2Publicom was formed last year by the merger of S2 and Publicom, two major public relations firms that have been operating in the country for more than two decades, both of which were affiliates of Weber Shandwick and Golin Harris.
Pyramid Research, a telecom research division of the Light Reading Communications Network focused on emerging markets, and Network Eventos, the producer of Rio Wireless International, have announced a partnership to expand the event's reach beyond Brazil's borders by providing an ideal platform for service providers seeking strategic advice to develop their businesses in Latin America.
Rio Wireless International Conference 2012 will take place on May 21 & 22, 2012 in the Intercontinental Hotel – Rio de Janeiro, Brazil.
Midas Medici Group Holdings, Inc., an innovative green IT company in the fields of virtualization, cloud computing and data management, as well as Smart Grid solutions, Friday said its CIMCORP brand has won a $3 million contract from CEMIG, one of the largest electric energy utilities in Brazil, to upgrade its IT infrastructure and data center solutions.
President Dilma Rousseff is to become the first woman to open the general debate at the General Assembly of the United Nations. Her speech at the 66th General Assembly can be watched live on September 21, at 10:00 AM Brasília time (1:00 PM UTC), at http://www.unmultimedia.org/tv/webcast/.
HRT Participações em Petróleo S.A., Thursday signed a contract with the Joint Venture Andrews Technologies, Inc. and Sichuan Honghua Petroleum Equipment Ltd. for the acquisition of four heli-transportable drilling rigs for the exploratory campaign in the Solimões Sedimentary Basin.
The bidding process for the hiring of the drilling rigs was published on June 15 of this year and involved large world corporations.
Brazilian independent oil firm Barra Energia has clinched two separate deals to acquire a combined 30% stake in Block BS-4 in the Santos basin.
The company secured a 20% participation interest from US oil company Chevron and the remaining 10% that Anglo-Dutch super major Shell held in the license, home of the Atlanta and Oliva heavy-oil fields.
In late August, Brazilian player Queiroz Galvao Exploration & Production (QGEP) penned a deal to take 30% of BS-4 from Shell.
US based Unisys Corporation has completed the "Intelligent Cargo" project with Brazil's Secretariat of Ports (SEP). Intelligent Cargo is a study to monitor cargo operations and bring improvements to the import, export and navigation processes at Brazilian maritime ports and logistics chains.